Springfield is 22% cheaper than Lafayette.
When comparing Springfield, MO and Lafayette, LA, the overall cost of living indices are 60 and 77 respectively (national median = 100). Rent is $145/month cheaper in Springfield, saving renters about $1,740/year.
Median household income is $15,470/year higher in Lafayette. Home values also differ significantly — the median in Springfield is $165,200 compared to $251,300 in Lafayette.
Louisiana has a lower income tax rate, making Lafayette slightly more tax-friendly.
Springfield vs Lafayette — common questions
Other cost of living comparisons for Springfield and Lafayette